irony, geniality, and malice as solvents of enthusiasm, virtue, and elevation

Wednesday, June 14, 2017

Blockchain

I was arguing with the Burglar about blockchain yesterday. A blockchain – originally block chain – is a distributed database that is used to maintain a continuously growing list of records, called blocks. Each block contains a timestamp and a link to a previous block. It is the foundation upon which cryptocurrencies such as bitcoin are established.

When Paul and I start bickering about something obscure it usually means that the zeitgeist is signalling that it is about to become important and prominent.

The other thing the argument demonstrated is that neither of us understands it very well.